Let's dive into the technical aspects that make GEN a marvel in the crypto space.
Genetic Data Representation: GEN leverages advanced data encoding techniques to represent genetic information as NFTs. Through the use of standardized genetic file formats, such as FASTA or VCF, genetic sequences are transformed into digital assets that capture the unique characteristics of an individual's DNA. This ensures accurate representation and compatibility with existing genetic research and analysis tools.
Blockchain Infrastructure: GEN utilizes a decentralized blockchain network to secure and manage genetic NFT transactions. By leveraging the immutability and transparency of blockchain, GEN ensures the integrity and ownership of genetic NFTs. Each transaction, including minting, transfers, and sales, is recorded on the blockchain, providing an auditable and tamper-resistant history of ownership.
Smart Contracts: Smart contracts play a vital role in the GEN ecosystem. They enable the creation, ownership, and transfer of genetic NFTs in a secure and automated manner. Smart contracts enforce the rules and conditions associated with the genetic NFTs, ensuring that only authorized users can access and trade these unique assets. The use of smart contracts adds an additional layer of trust and eliminates the need for intermediaries.
GenomesDao showcases remarkable technical achievements by combining genetics and blockchain technology. Show Less
